Author: Top Rated Cryptos

Code4Arena Allegedly Falls Victim to SIM Swap Attack Key Points: Code4Arena, a smart contract security marketplace, has reportedly been targeted in a SIM swap attack. The hacker gained control over the company’s X account, leading to the publication of a fraudulent post. The scam post aimed to deceive users by offering lucrative opportunities. In recent news, Code4Arena, a prominent smart contract security marketplace, has allegedly become the latest victim of a SIM swap attack. The company’s X account, which plays a crucial role in its operations, was compromised, giving the hacker unauthorized access to the platform. This security breach allowed…

Exploring Potential Crypto Investments Before Christmas: Galaxy Fox (GFOX), Injective (INJ), Aave (AAVE), and Quant (QNT) Introduction Just in time for the festive season, crypto investors are on the lookout for potential coins to add to their portfolios. As we approach Christmas and the end of the year, analysts have identified four cryptocurrencies that investors can explore. These coins, Galaxy Fox (GFOX), Injective (INJ), Aave (AAVE), and Quant (QNT), show promising potential in the ever-evolving crypto market. Let’s dive into their unique features and discover why they could be worth considering as year-end investments. Key Points Here are the key…

Kronos Research Initiates Talks with Hacker Behind $26 Million Theft Key Points: Taiwan-based trading firm Kronos Research is in negotiations with the hacker who stole $26 million from the company’s treasury. The firm made the initiative via Etherscan, offering the hacker a bounty of 10% of the stolen funds after $25 million was taken. Kronos Research aims to retrieve the stolen funds and potentially collaborate with the hacker. Taiwan-based trading firm Kronos Research has taken an unconventional approach to address a recent incident involving a hacker who stole $26 million from their treasury. In a surprising turn of events, Kronos…

Coinbase Surges to 18-Month High as Binance Alternative Key Points: Coinbase’s share price reaches an 18-month high, closing at $119.77. Coinbase positions itself as an alternative to Binance for cryptocurrency investors. The surge in Coinbase’s share price is attributed to growing interest in cryptocurrencies. Investors see Coinbase as a reliable and regulated platform for cryptocurrency trading. Coinbase’s strong performance signals a bullish sentiment in the cryptocurrency market. The cryptocurrency exchange Coinbase (COIN) witnessed a significant surge in its share price, reaching an 18-month high. According to data provided by TradingView, Coinbase closed at $119.77 on November 27, marking a milestone…

InQubeta Attracts Investors Looking for BNB Diversification Key Points: InQubeta, a promising cryptocurrency startup, is gaining traction among investors. Investors are showing interest in InQubeta as an alternative to Binance Coin (BNB) amidst recent controversies surrounding Binance. InQubeta offers a diversified range of cryptocurrencies, providing a potentially safer investment option. The resignation of Changpeng Zhao (CZ), the CEO of Binance, and the $4.3 billion settlement between Binance and the US Department of Justice (DOJ) has sparked a search for alternative investment opportunities. Investors see InQubeta as a platform that can provide some stability and security in the volatile cryptocurrency market,…

Is Ethereum PoW Making a Comeback? Key Points: Ethereum PoW (ETHW) has shown a significant increase in the past day, up by 27%. At the same time, the market cap of Ethereum staking (ETH) has decreased. ETHW is currently trading at $3.4. It seems like Ethereum PoW (Proof of Work) is making a surprise comeback as it registers a notable increase in the past day. While Ethereum staking (ETH) has been gaining popularity, the value of ETHW has been steadily climbing, standing out as a possible alternative for crypto enthusiasts. ETHW has observed a substantial 27% surge within the last…

The Future of Cryptocurrency in Singapore: CBDCs and Regulated Stablecoins Take Center Stage Key Points: Ravi Menon, the Managing Director of the Monetary Authority of Singapore (MAS), reveals the country’s position on cryptocurrency. Singapore aims to focus on Central Bank Digital Currencies (CBDCs) and regulated stablecoins. Private cryptocurrencies like Bitcoin and Ethereum may face limited acceptance in the monetary landscape of Singapore. Regulation and stability are the primary concerns driving the country’s approach. CBDCs offer potential benefits in terms of efficiency, security, and financial inclusion. Singapore’s Shift in Cryptocurrency Focus The Monetary Authority of Singapore (MAS) has revealed its stance…

Bitcoin’s Unstoppable Upwards Trend: Analyst Predicts $120,000 by 2024 Key Points: Bitcoin is experiencing a new surge, breaking previous all-time highs. An optimistic crypto analyst predicts a target of $120,000 by 2024. This bullish sentiment is driven by increased institutional adoption and mainstream recognition. The remarkable growth of decentralized finance (DeFi) is also contributing to Bitcoin’s success. Despite challenges and volatility, long-term investors remain enthusiastic about Bitcoin’s potential. Bitcoin, the world’s leading cryptocurrency, is currently riding an unstoppable upwards trend, surpassing previous all-time highs with a surge that has excited investors and analysts alike. This incredible success has led one…

Renewed Interest and Upside Potential for TerraUSD Classic Key Points: A prominent crypto analyst has identified a resurgence of interest in TerraUSD Classic. TerraUSD Classic is a cryptocurrency that was once considered dormant but is now showing signs of renewed activity. The analyst believes that TerraUSD Classic has significant upside potential and may present a lucrative investment opportunity. Factors contributing to the renewed interest include improved market conditions and increased trading volume. Investors are advised to conduct thorough research before considering any investment in TerraUSD Classic. The Resurgence of TerraUSD Classic In recent weeks, the cryptocurrency market has been abuzz…

Bitcoin’s Volatility Presents Opportunities for Traders Introduction Bitcoin, the world’s leading cryptocurrency, has been known for its volatile nature. While this volatility may deter some investors, it presents lucrative opportunities for traders who are skilled at taking advantage of both long and short positions. In a recent interview, a seasoned trader expressed their belief that despite a potential pullback in the near future, Bitcoin’s fresh volatility will bring clear setups for traders to capitalize on. Key Points Bitcoin’s volatility creates opportunities for traders. A trader believes upcoming volatility will generate long and short setups. Pullback expected in the short term.…